Mitsubishi Electric Dividend yield

 Price  1,899.00
 Dividend  40.07
 Earnings  113.71
 Cash-flow  78.80
 Book value  1,582.50
 Equity  1,476.75

Mitsubishi Electric is part of Industrial Engineering business, which is part of Industrials industry. Mitsubishi Electric is a company from Japan, and his stocks are publicly traded.

Mitsubishi Electric stock dividend

Mitsubishi Electric paid a total dividend of 84,588 million JPY last year, for a market value of 4,008,789 millions (Market Cap 3,686,806 millions). Mitsubishi Electric dividend per share is 40.07 JPY, and his stock market price 1,899.00 JPY.

According to the chart below, where dividend yield is displayed, Mitsubishi Electric has a dividend yield of 2.11%, lower than the amount offered by both the market average and companies from Japan. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Mitsubishi Electric stocks dividend with other Industrial Engineering companies or other of the high Japan dividend stocks list.

Dividend yield of Mitsubishi Electric

Mitsubishi Electric Dividend Payout

About the ability of Mitsubishi Electric to maintain his current dividend of JPY 40.07 per share, an amount that accounts for 2.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mitsubishi Electric payout on ernings is currently 35.24%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Mitsubishi Electriccan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Mitsubishi Electric is JPY 78.80 per share, which is higher than the dividend per share paid by the company of JPY 40.07, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Mitsubishi Electric, compared againt world market average, Japan companies, Industrials industry and Industrial Engineering sector companies.

Mitsubishi Electric payout

Mitsubishi Electric Dividend History

Below you will find a table with the historical evolution of Mitsubishi Electric's dividend stock, both in percentage and in JPY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  JPY  Paypout  Shares* 

*In millions

Then you can see the evolution of Mitsubishi Electric dividend stock, and compare it with the average of Japan stocks and that of the Industrial Engineering stocks.

Mitsubishi Electric stock dividend history

Mitsubishi Electric Stock performance

Finally, last moth Mitsubishi Electric showed a return of -7.40% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 33.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Japan and Industrial Engineering firms.

Mitsubishi Electric stock and market return